— December 21st, 2021
At Family Financial Centers, we know how worrisome and uncertain the past 20 months have been. Many communities were affected by the global pandemic and in an effort to keep people safe, most businesses had to close their doors during shutdowns. Some businesses were unable to reopen.
Since FFC is a money service business, all of our locations were deemed essential businesses by federal and state governments alike. This status was a great help to franchisees and the communities they served. As a result, FFC not only had zero closures during the Covid-19 crisis, but we opened six new locations this year alone. The new locations opened in Florida, Pennsylvania, and Texas.
The total number of franchised units is now in the mid-50’s. Ken Parsons, President of FFC says, “with many businesses closing down during the pandemic, to open this many new locations confirms that not only is our business essential, it is also thriving!”
Mr. Parsons went on to say, “Not only did we open several new locations, our overall sales performance for 2021 exceeded our pre-pandemic numbers. Our Q4 sales have been the best we’ve ever seen, and we expect sales in 2022 to be record breaking!”
In 2021, FFC was also recognized in the franchise industry. FranServe, Inc. included FFC as a FRAN-TASTIC 500 winner for the second year in a row! This is a prestigious recognition for franchises and is awarded to those franchises who go above and beyond the norm in helping people fulfill their dreams of business ownership.
The accolades didn’t stop there. Entrepreneur Magazine also recognized FFC as a Top Low-Cost Franchise in their Annual 2021 Franchise 500®! A comprehensive analysis is done in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability, and then a ranking is compiled of the top 100 franchises that meet these requirements.
Paul Eckert, Founder and CEO of Family Financial Centers comments, “Our stores are a testament to how sound and resilient our FFC business model is and receiving these honors is just icing on the cake!”
2021 Recap
Here’s a look back at some of our most popular posts from this past year:
